4215 SW 253rd Ter · Newberry, FL 32669

$229,900

3 bd · 2.0 ba · 1,620 sqft · Manufactured public records · 3 Days on market

Built 1993 Fair condition 5.00 ac lot

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.0/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +5.2/10.0
• Schools +4.3/10.0
• Rent growth +3.4/5.0
• Livability +3.4/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to the Goldilocks of properties, not too small, not too big, JUST RIGHT! This fenced and palm tree lined 10 acre property with mobile home, has both cleared and wooded areas to appeal to all of those in search of land. Ready for you to build your dream home or redo what is already there. The 3/2 -1620 square foot mobile home is in need of some attention and care but is livable with 3 vent less A/C split systems and metal roof. Property is fenced and ready for animals. As well as having a LARGE 1,150 square foot concrete block - workshop/barn building with office/storage, metal roof, water and electric to store your equipment and work as you please. This property is located 5 minutes from Downtown Newberry and 25 minutes from Gainesville but provides peace and quiet seclusion all around. Bring your handyman and farming skills, to turn this property in to your dream home and make an offer today.

Key facts

• 5 acre lot
• Built 1993
• Listed 3 days

Property features AI

Finance

• Other: Property is homestead exempt
• HOA & community: Not in a development; Cats and dogs allowed

Exterior

• Parking: Drive access from private drive (directions provided)
• Utilities: Well water; Septic tank; Electricity connected
• Home design: Manufactured double-wide home; One story; Faces southwest; Entry level: One
• Construction: Metal siding; Metal roof; Built on crawlspace and stilts/on pilings
• Exterior features: Deck; Fenced yard with board, cross-fence and wire sections; Trees and landscaped vegetation; Oversized lot

Interior

• Kitchen: Range; Refrigerator; Dishwasher not listed
• Bedrooms: 3 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heating: Other; Cooling: Mini-split unit(s)
• Interior features: Open floorplan; Vaulted ceilings; Decorative fireplace
• Laundry & utility: Washer and dryer included; Laundry room located inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $230k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $326 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $230k).
• Cap rate 8.0% vs local median 4.2% in Newberry — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#524 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety D, amenities F, commute F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+3.6%/yr); 418 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $78k; list at $230k implies a 195% gain — meaningful room to come down on a strong offer.

Recommended offer $229,900

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 7.99%
• Cash-on-cash: 6.07%
• DSCR: 1.27
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.57% rent growth · sell at horizon

5-year hold

• IRR: -6.3%
• Equity multiple: 0.76×
• Total profit: $-15,163
• Equity at exit: $34,279

10-year hold

• IRR: 4.0%
• Equity multiple: 1.30×
• Total profit: $19,118
• Equity at exit: $19,878

Cash invested: $64,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32669

• Home prices YoY: -22.1%
• Rents YoY: 3.6%
• Active inventory: 418
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,348 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$228 /mo · $2,739/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$493
• Net cashflow: $326

Break-even live

Break-even rent $1,936

Max offer price $229,900

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
24722 SW 21st Ln Newberry, FL	3.0	2.0	2017	$2,400	$1.19	21d	1	1.35mi

Listing history 11 events

1. 2026-04-10
   status Pending
2. 2026-04-07
   listed $229,900 Active
3. 2024-01-17
   soldstatus $77,880
4. 2023-02-06
   soldstatus $87,678
5. 2021-12-31
   soldstatus $180,000 Closed 915-char remark

   Show marketing remark (915 chars)

   Welcome to the Goldilocks of properties, not too small, not too big, JUST RIGHT! This fenced and palm tree lined 10 acre property with mobile home, has both cleared and wooded areas to appeal to all of those in search of land. Ready for you to build your dream home or redo what is already there. The 3/2 -1620 square foot mobile home is in need of some attention and care but is livable with 3 vent less A/C split systems and metal roof. Property is fenced and ready for animals. As well as having a LARGE 1,150 square foot concrete block - workshop/barn building with office/storage, metal roof, water and electric to store your equipment and work as you please. This property is located 5 minutes from Downtown Newberry and 25 minutes from Gainesville but provides peace and quiet seclusion all around. Bring your handyman and farming skills, to turn this property in to your dream home and make an offer today.

6. 2021-12-30
   soldstatus $180,000
7. 2021-11-17
   status Pending 915-char remark

   Show marketing remark (915 chars)

   Welcome to the Goldilocks of properties, not too small, not too big, JUST RIGHT! This fenced and palm tree lined 10 acre property with mobile home, has both cleared and wooded areas to appeal to all of those in search of land. Ready for you to build your dream home or redo what is already there. The 3/2 -1620 square foot mobile home is in need of some attention and care but is livable with 3 vent less A/C split systems and metal roof. Property is fenced and ready for animals. As well as having a LARGE 1,150 square foot concrete block - workshop/barn building with office/storage, metal roof, water and electric to store your equipment and work as you please. This property is located 5 minutes from Downtown Newberry and 25 minutes from Gainesville but provides peace and quiet seclusion all around. Bring your handyman and farming skills, to turn this property in to your dream home and make an offer today.

8. 2021-10-27
   price $210,000 915-char remark

   Show marketing remark (915 chars)

   Welcome to the Goldilocks of properties, not too small, not too big, JUST RIGHT! This fenced and palm tree lined 10 acre property with mobile home, has both cleared and wooded areas to appeal to all of those in search of land. Ready for you to build your dream home or redo what is already there. The 3/2 -1620 square foot mobile home is in need of some attention and care but is livable with 3 vent less A/C split systems and metal roof. Property is fenced and ready for animals. As well as having a LARGE 1,150 square foot concrete block - workshop/barn building with office/storage, metal roof, water and electric to store your equipment and work as you please. This property is located 5 minutes from Downtown Newberry and 25 minutes from Gainesville but provides peace and quiet seclusion all around. Bring your handyman and farming skills, to turn this property in to your dream home and make an offer today.

9. 2021-08-20
   listed $225,000 Active 915-char remark

   Show marketing remark (915 chars)

   Welcome to the Goldilocks of properties, not too small, not too big, JUST RIGHT! This fenced and palm tree lined 10 acre property with mobile home, has both cleared and wooded areas to appeal to all of those in search of land. Ready for you to build your dream home or redo what is already there. The 3/2 -1620 square foot mobile home is in need of some attention and care but is livable with 3 vent less A/C split systems and metal roof. Property is fenced and ready for animals. As well as having a LARGE 1,150 square foot concrete block - workshop/barn building with office/storage, metal roof, water and electric to store your equipment and work as you please. This property is located 5 minutes from Downtown Newberry and 25 minutes from Gainesville but provides peace and quiet seclusion all around. Bring your handyman and farming skills, to turn this property in to your dream home and make an offer today.

10. 2020-08-26
    soldstatus $150,000
11. 1990-10-22
    soldstatus $27,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,739 · $228/mo
• Projected year-2 tax: $2,739 · $228/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $28,181
• − Mortgage interest: −$12,878
• − Property taxes: −$2,739
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,254
• − Management: −$2,254
• − Depreciation: −$6,688
• Taxable income: $218
• Est. tax owed @ 24.0%: −$52
• After-tax cash flow: $3,855/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This 3-bedroom, 2-bathroom mobile home requires moderate repairs and maintenance to improve its condition and value. Key updates include painting the exterior, replacing windows, and upgrading the HVAC system.

Repairs flagged

• Moderate Wooden deck — Significant wear and tear
• Moderate Windows — Appears old and may need replacement

Value-add opportunities

• Resale Paint exterior siding — Enhances curb appeal
• Resale Replace windows — Improves energy efficiency and aesthetics
• Resale Replace wooden deck — Enhances curb appeal and functionality
• Both Upgrade HVAC system — Improves comfort and energy efficiency

Renovation cost estimate screening

Repair item	Severity	Est. cost
Wooden deck · Significant wear and tear	Moderate	$3,000–15,000
Windows · Appears old and may need replacement	Moderate	$3,000–15,000
Total estimated repair cost · 2 items		$6,000–30,000

Value-add ROI direction

• Resale Paint exterior siding — Enhances curb appeal ↑
• Resale Replace windows — Improves energy efficiency and aesthetics ↑
• Resale Replace wooden deck — Enhances curb appeal and functionality ↑
• Both Upgrade HVAC system — Improves comfort and energy efficiency ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Newberry

• Score: 68/100
• State rank: #524
• US rank: #9753

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment B+ Housing A+ Health & safety D User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newberry, FL
• County: Alachua County · 218,005 people
• City population: 17,704
• Metro: Gainesville, FL
• Population (ZIP): 17,704
• Household income: $99,548
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 161.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 61% Hispanic / Latino 15% Two or more races 14% Black 13% Asian 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6%
• Common ancestry: Slovak 4% Romanian 3% Lithuanian 2%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 10% Other Indo-European 2% Other Asian/Pacific 2%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.83%
• Current HPI: 263.4335
• Rent YoY: ▲ 3.57%
• Metro: Gainesville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+736.0% since first listed

11 events — show timeline

• 2026-04-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-07 Listed $229,900 Stellar MLS as Distributed by MLS Grid
• 2024-01-17 Sold (Public Records) $77,880 Public Records
• 2023-02-06 Sold (Public Records) $87,678 Public Records
• 2021-12-31 Sold (MLS) $180,000 Stellar MLS as Distributed by MLS Grid
• 2021-12-30 Sold (Public Records) $180,000 Public Records
• 2021-11-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-10-27 Price Changed $210,000 Stellar MLS as Distributed by MLS Grid
• 2021-08-20 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2020-08-26 Sold (Public Records) $150,000 Public Records
• 1990-10-22 Sold (Public Records) $27,500 Public Records

Property tax history

+31.1%/yr

Latest (2025): $2,739 · -23.6% YoY. Source: county tax records.